Rocket Man: The NYT reports that the House Committee on Oversight and Government Reform has taken the first steps to ask the Justice Department to start a criminal investigation into whether Roger Clemens perjured himself during testimony about taking performance-enhancing drugs.
Grand Opening: Visa Inc., the nation’s biggest credit card network, said that it plans to sell as much as $17.1 billion of stock in late March, which would be the largest initial public stock offering in United States history.
Guilty: Five former insurance company executives were found guilty of a scheme to manipulate the financial statements of the world's largest insurance company, American International Group Inc.
Karl Says No: Karl Rove responded to the the 60 Minutes story on the Don Siegelman case yesterday. He gave a complete denial that he ever knew Dana Jill Simpson, a Republican lawyer who told congressional investigators that Rove asked her to take a picture of Siegelman cheating on his wife. Siegelman is the former governor of Alabama convicted of corruption charges now serving a seven year sentence.
Not Buying: San Francisco federal judge Marilyn Hall Patel expressed strong skepticism toward an attempt by former McAfee general counsel Kent Roberts to obtain interview notes from the internal investigation of stock option backdating at the company. The Securities and Exchange Commission sued Roberts for securities fraud, and he is also under a criminal indictment stemming from backdating.
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